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Pininfarina family to lose control of company
Wed, 15 Feb 2012The Pininfarina family is set to lose its controlling share stake in the company as it takes a step closer to restructuring its €76 million net debt. The Italian design firm, founded in 1930, has been plagued with debt in recent years, shutting its manufacturing branch in 2011 to concentrate purely on design, ending a joint venture with Volvo that saw the company assemble Volvo's C70. The move is seen as a positive one for the company in the long-term, making it more financially secure for future developments, but it also means that the Pininfarina family will lose control of the company by selling its 77 percent share.
CES: It's a digital experience
Tue, 10 Jan 2012The night before the Consumer Electronics Show opens its portals to the world’s technogeeks, there is a sort of preshow called the Digital Experience! (They added that exclamation mark to the name, not us.) Still, the relatively small, ancillary consumer-technology show does set the stage for the massive CES juggernaut the next day. This year, as always, we wandered the aisles of Digital Experience looking for car-related tech.
Driven: BMW Z4
Mon, 01 Jun 2009Loved as it may be by its loyal fanbase, the outgoing Z4 was always something of a mixed bag in terms of design. While the car's classic long-bonnet, cab-back profile and short overhangs should have pleased the eye, the BMW's sheer frontal mass made its proportions seem out of balance. The application of the company's then-new ‘flame surfacing' form language also generated a visual business that seemed out of place on something as conceptually simple as a roadster.